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Hambledon

South East

£1,500,000
Listed on 21/10/2025

Property Details

Bedrooms
7
Type
Detached house
Area
7468 sqft

Description

This unique property presents an exceptional investment opportunity in the heart of Hambledon village. Spanning approximately 7,500 sq. ft., this landmark building, known as The People's Market, has a rich history and offers a blend of residential and commercial spaces, complete with approved planning permissions for renovation or conversion. Retaining numerous period features such as charming fireplaces and distinctive stonework, this property provides a substantial canvas for modernization. Its generous scale allows for various potential uses — whether that be converting it into multi-generational living spaces, or developing it to suit contemporary lifestyles. The flexibility inherent in the property's design makes it an attractive prospect for investors looking to create something truly unique. Located within a Conservation Area, the property benefits from being situated in one of the most picturesque villages in the South Downs National Park. Hambledon is known for its vibrant community spirit and has historical significance as the “Cradle of Cricket,” with amenities including a reputable primary school, local shop (with convenient access from the property), traditional pub, café, and acclaimed restaurant at Hambledon Vineyard. The active village life is complemented by opportunities for outdoor pursuits along scenic pathways ideal for walking and cycling. The approved planning permissions provide a significant advantage for prospective buyers looking to expand or transform this space to meet their vision. Relevant references include SDNP/25/02678/LIS and others related to the conversion plans. This property also benefits from mixed-use capabilities; one of its residential units currently has a long-standing tenant while another is leased to the village shop, ensuring immediate rental income potential. Given its freehold status and established infrastructure—comprising mains water, electricity, drainage systems, and heating options—this property could be a cornerstone investment in a thriving community. In summary, The People's Market stands out not only as a piece of local history but also as a remarkable opportunity to cultivate a modern legacy within an enchanting rural setting.

Investment Analysis

(PO7 area)

Below Market Value

This property is priced -43.9% below area average per sq ft

-43.9%
Potential saving
This Property
£201/sq ft
Area Average
£358/sq ft
Avg Rent (weekly)
£278
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£200,000 - £400,000
Target Value
£2,940,077
10% above area average per sq ft
Potential ROI
+54.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (PO7)

Area prices are stable by +0.1% over the last 12 months
3 year growth: 1.3%
5 year growth: 9.3%
Investment Disclaimer: Analysis based on PO7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Hambledon
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£5,495
Based on a loan of £1,125,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE